July 29, 2016 9:36 PM

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Govt has taken various steps to attract foreign and domestic investors: Jaitley

India saw a record 53 per cent increase in Foreign Direct Investment as the investment climate brightened due to steps taken to foster growth, price stability and fiscal prudence. Finance Minister Arun Jaitley told the Lok Sabha today that such factors also improved the overall macroeconomic stability in the country.<br/><br/>Mr Jaitley said the government has taken various steps in the last two years to attract foreign and domestic investors. The Minister added many sectors have been opened up for FDI over the years starting from 1991. In addition to opening up more sectors for FDI, related conditionalities have been smoothened by the government.

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